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West Virginia residents could see 4.4 precent electric rate increase

CHARLESTON, W.Va. — Customers of Appalachian Power and Wheeling Power could see a 4.4 percent rate increase in their electric bills if a proposed rate increased in approved by the state Public Service Commission.

Appalachian Power and Wheeling Power are seeking $68 million more from customers to make up for past and ongoing fuel costs, according to a press release from Jeri H Matheney, a public relations official with Appalachian Power.

The companies filed their request with the Public Service Commission on Tuesday, March 4, 2014.

The additional money would plug a gap between the amount currently being collected and projected expenditures through the next annual filing period, according to the companies’ prepared press release.

The monthly bill for a residential customer using 1,000 kilowatt-hours per month would increase from $94 to just over $98, an increase of 4.4 percent.

http://www.coalvalleynews.com/news/home_top/3134058/Electric-companies-proposing-rate-increase

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